😱🇹🇷Transaction tax is coming to Cryptocurrencies in Türkiye! What will the rate be?
Although it was a joy that there was no transaction or income in the bill regarding cryptocurrencies, which was passed by the Grand National Assembly of #Turkey 's Planning and Budget Commission at the end of May, Bloomberg from the US media claimed that the Ministry of Treasury and Finance had pushed the button on this issue. The news stated that the government has prepared one of the biggest tax laws of the last 20 years and that the bill is aimed to be submitted to the Turkish Grand National Assembly by the end of the month.
Bloomberg from the US media claimed that the Ministry of Treasury and Finance had prepared a major tax law to cover the damage caused by last year's earthquakes. This tax law, which will target many more companies, is aimed to create a total of 7 billion additional income (226 billion TL).
While it was stated in the news that the person with direct information about the issue specifically requested the disclosure of its employment, Minister Mehmet Şimşek's tweet about the possibility of a new tax law on X was emphasized.
In crypto, it is 3 per thousand…
The ministry, which plans to give at least 15% income from multinational companies in Turkey, will thus have an extra income of 40 billion TL next year. While an amount of 90 billion TL was collected from the tax regulation on Turkish transactions, companies operating with a focus on crypto money were not forgotten.
Although many statements have been made recently that it cannot be purchased in the field of crypto, it was written in the news that a tax of 3 per thousand is planned to be collected on crypto currencies. It was stated that the additional income expected from here is 3.7 billion TL.
Recently, Bloomberg wrote in his news based on the news presented by the AK Party that it was planned to be taxed on the profits in its own geography.